Cardano (ADA) News, Price Predictions, Opinions and Analyses Created by Users

Cardano (ADA)

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Cardano (ADA) is a cryptocurrency and technological platform created by Charles Hoskinson, co-founder of Ethereum, in 2015. It is a decentralized platform that will be capable of running financial applications currently being used by everyday individuals and businesses. It was designed to tackle the problem of scaling that Ethereum currently faces.

The key feature of Cardano is the sheer amount of due diligence and care that goes into building the project considering that it is watched over by 3 organizations: The Cardano Foundation, the non-profit regulated entity; IOHK, a research and development firm created by Hoskinson to build financial services using blockchain; and Emurgo, a Japanese company that develops and incubates commercial ventures who want to revolutionize their industry using blockchain.

Cardano is also described as an evolution of blockchain into the third generation. The first generation blockchain was Bitcoin, allowing the secure and direct transfer of value between two parties. The second was Ethereum, allowing smart contracts to be run on top of the blockchain. However, these two generations presented many problems such as scalability and sustainability. Cardano is a third generation blockchain that intends to solve the problems of scalability, interoperability and sustainability.

ADA is the cryptocurrency behind the entire Cardano project and is the unit of transfer on the network. The entire project is special because it is built on scientific philosophy and peer-reviewed academic research thus creating High Assurance Code - a higher quality of code compared with non-peer-reviewed code. The Cardano team do not follow a roadmap, instead they follow a set of principles and philosophies that everybody must adhere to. This may create high confidence code, however, this also creates an issue of very long development periods.

In this tag you can discover Cardano (ADA) news, price prediction, opinion and analysis created by users.

Indigo Protocol, Cardano's Synthetix?

30 May 2021 4 minute read 2 comments ChildOfTheMany

     If you're anything like me, wanting to trade stocks, or, more realistically, wanting to create a better life for yourself was what led you into crypto in the first place. The concept of traditional stocks were appealing to me before I found cryp...

Cardano NFT - Example and experience

29 May 2021 1 minute read 2 comments Cryptotexty

As NFT (Non-fungible tokens) is a very trending topic now, several people asked me about NFTs on Cardano. That's why I decided to show the example of Cardano NFT, which I hold. This NFT is ADA MakerSpace LAB ACCESS PASS NFT, utility NFT (full descrip...

ERC20 brings Ethereum assets into the Cardano ecosystem

29 May 2021 3 minute read 0 comments poimandres

Lately, the Ethereum network has received unprecedented attention. For those unaware, this network was the first to introduce viable smart contracts into the cryptocurrency space. Since its inception in 2015, it has spurred innovation around the tech...

Why Cardano (ADA) is one of my top altcoins

28 May 2021 2 minute read 0 comments Michael Carlson

Today is yet again one of those volatile days in the crypto market where all investors need to just look away for a bit. We are going to have those along the way as blockchain technology evolves, but I firmly believe that those invested in the right...

Which coins to buy this weekend? Issue #2

28 May 2021 1 minute read 1 comment Cryptofab

In the past, weekends were good for cryptos, because professional traders were at home. No big moves, we were between us, only small players. Times have changed. Weekends are dangerous now, especially the last one which has seen a severe drop of Bitc...

Extreme Fear in the Market!

28 May 2021 1 minute read 0 comments Tepeto

The feelings in the market are very weak these days. We are in "Extreme Fear" and the next step could be the panic.  All the mayor coins such as Ethereum (ETH), Cardano (ADA), or Binance Coin (BNB) are waiting for Bitcoin (BTC) next move. Graph Sou...

Do you know how the winnings are calculated in a Stake Pool?

27 May 2021 4 minute read 0 comments poimandres

Key words and phrases from the article related to the Cardano ecosystem that will be respected, given their continuous use in the forum, website articles, and social networks. Stake Pool: Network entity that, among other things, is responsible fo...

IOHK Announces Alonzo Rollout Plan For Cardano

27 May 2021 1 minute read 0 comments Sisyphuspush

Input Output HK, creators of Cardano, announced via Twitter earlier today the company's rollout plan for the much anticipated Alonzo update which will pave the way for smart contract capability on the popular blockchain.  This announcement follows o...

Cardano Had Highest Institutional Capital Inflow Last Week.

27 May 2021 1 minute read 2 comments Sisyphuspush

In a week that saw the bears finally take back market momentum and FUD spread like wildfire, institutional capital towards crypto investment products saw massive outflows. Market leaders Bitcoin and Ethereum both saw an outflow of $110.9M and $12.6M,...

Is this a trap?

27 May 2021 1 minute read 2 comments Tepeto

The cryptocurrency market continues with more uncertainty than ever, we have gone from last week's panic to starting the week with a big rise in the market. In which some coins have risen more than 70% in a matter of days. But can we really say that...